FuturesCom Morning Investment Comments Friday February 22, 2013 Equity Futures • Indices • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa. Free Two Week Trial see https://futurescom.com/free-trial
“Among the hazards of speculation the happening of the unexpected – I might even say the unexpectable – ranks high. There are certain chances that the most prudent man is justified in taking – chances that he must take if he wishes to be more than a mercantile mollusk–” Reminiscences of a Stock operator.
Thursday February 21, 2013
11:30 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near the 13830.00 to 13,770.00 region.
Resistance should appear near 13,990.00 and the 14,150.00 to 14,210.00 region.
MARCH E-MINI SP500
Resistance should appear 1512.50 and 1529 to 1535.00
support should appear near 1496.00 to 1484.00.
NASDAQ COMPOSITE
Resistance should appear near 3148.00 to 3157
Support should appear near 3102.00 to 3092.00
MARCH E-MINI NASDAQ 100
Support should appear near 2691.00 the 2672.00 to 2663.00 region.
Resistance should appear near 2741 and the 2758.00 to 2775.00 region.
MARCH E-MINI RUSSELL 2000
Resistance should appear near 910.00 and 914.00 to 915.60
Support should appear near 905.60 to 904.40 and 896.40 to 893.40
JUNE 30 YR BOND
Resistance should appear near 142-21 and 143-07
Support should appear near 141-21 and 141-07
JUNE 10 YR NOTE
Resistance should appear near 130-21 and 131-07
Support should appear near 129-21 and 129-07
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8164 and the 8194 to 8223 region.
Support should appear near 8134 to 8119 and 8091.
MARCH JAPANESE YEN
Resistance should appear near 10750 and 10820.
Support should appear near 10680 and the 10630 to 10580 region.
MARCH EURO CURRENCY
Support should appear near 13100 to 13040.
BW Traders can buy at 13110 and risk a close under 13037.
Nearby Resistance should appear near 13220 and 13267.
MARCH SWISS FRANC
Resistance should appear near 10820 and 10890.
Support should appear near 10752 and 10680
MARCH BRITISH POUND
Support should appear near 15127 and the 14960 to 14840 region.
Resistance should appear near the 15290 to 15350 0 region
MARCH CANADIAN DOLLAR
Resistance should appear near 9837 and 9877.
Support should appear near 9821 and 9737 to 9706
Trade Accordingly
MARCH AUSSIE DOLLAR
Resistance should appear near 10320 to10360
Support should appear near 10327 and 10185, failure there augurs for a test of the
10104 to 10136 region
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1569 to 1576 and 1592.
Support is near 1552 and 1535 to 1529.
MAY COPPER
Resistance should appear near 36130 to 36230 and 36630 to 36820.
Support should appear near 35630 to 35530 and 35030 to 34930.
MAY SILVER
Resistance should appear near 2874 to 2883 and 2928 to 2937.
Support is at 2829 to 2820 and 2775 to 2758.
THE EXCITING ENERGIES
APRIL CRUDE OIL
Support should appear near 9156 to 9140
Resistance should appear near 9526 to 9542.
APRIL HEATING OIL
Support should appear near 31020 to 30920 and 30450 to 30360
Resistance should appear near 31480 to 31570 and 31940 to 32130
APRIL UNLEADED GAS
Support should appear near 32130 to 31940
Resistance should appear 33190 to 33280
APRIL NATURAL GAS
Resistance should appear at 3377 to 3386 and 3425 to 3443
Support should appear near 3270 to 3261 and 3213 to 3194.
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 1471 ½ and 1459 to 1453.
Resistance should appear near 1529 to 1535.
MAY SOYOIL
Resistance should appear near 5259 to 5282
Support should appear near 5200 and 5139 to 5127
MAY SOYMEAL
Resistance should appear near 442.5 to 444.6 and the 4503.to 451.4 region
Support should appear near 438.1 to 437.0 and 431.5 to 430.4 region.
MAY CORN
Support should appear 683 ¾ to 680 ¾.
Resistance should appear near 699 to 700 ¼
MAY WHEAT
Resistance should appear near 732 ¾ to 734 ¼
Support should appear near 717 to 714 ¾
THE LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near the 12740 to 12680 region. .
Resistance should appear 12890 and 13040 to13100.
JUNE CATTLE
Support should appear near the 12380 to 12320 region.
Resistance should appear near 12680 to 12740
APRIL HOGS
Support should appear near 8227 to 8192 and the 8137 to 8117 region
Resistance should appear near 8392 to 8407 and 8482 to 8502.
JUNE HOGS
Support should appear near 9157 to 9142 region.
Resistance should appear near 9317 to 9347.
THE SATISFYING SOFTS
MAY COFFEE
Support should appear near 13830 to 13770 and 13460 to 13340
Resistance should appear near 14210 and 14530 to 14590
MAY COCOA
Resistance should appear near 2170 to 2185
Support should appear near 2089 to 2080.
MAY SUGAR
Resistance is near 1858 to 1865
Support should appear near 1780 to 1774
MAY COTTON
Support should appear near 8317 to 8300
Resistance is near 8484 to 8499
–A Ship in Harbor is Safe…But that is not what ships are built for —
Happy Trading!
Bill wil@futurescom.com
Friday February 22, 2013
1:05 AM South Florida Beach Time
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FuturesCom Morning Futures Comments Friday February 22, 2013 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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